NIPpO

Ref: SEC/JS/

1) B S E LimitedFloor 1, 'Phiroze JeeJeebhoy Towers'Dalal StreetMumbai - 400 001

2) The Listing DepartmentNational Stock Exchange of India Ltd."Exchange Plaza",Bandra-Kurla Complex,Bandra (E)MUMBAI - 400 051

Dear Sirs,

lndo National Limited

May 23, 2018

Sub: Announcement of Audited standalone I Consolidated Financial results for the Quarter I year ended 31st March, 2018 as per Regulation 33 of the SEBI (LODR)Regulations 2013 and up-dation of information reg.

The Board of Directors at their meeting held today inter alia.,

I. Approved and taken on record the following:

1. Audited standalone financial results for the Quarter / year ended 31st March,2018 and Consolidated Financial results for the year ended 31st March, 2018.

2. Audited Annual Accounts of the Company for the year ended 31st March2018.

3. Audited Reports along with Form A

II. A dividend of Rs.20/- per share (200%) for the financial year ended 31st March2018 was recommended by the Board.

The Meeting of the Board commenced at 11.00 a.m and concluded at 1.00 p.m

We have also uploaded the results on the Stock Exchange Websites at http://www.nseindia.com/corporates/ and http://www.bseindia.com/markets/ and on the Company's website at www.nippobatteries.com.

Thanking you.

Yours faithfully, For lndo National Limited

��'ffe J. Srinivasan

Company Secretary

Regd. Office : 'Lakshmi Bhavan', 4th Floor, 609, Mount Road, Chennai - 600 006. India. T: 2829 3830 / 4030 Corp. Office: "Surya Varsh", Door No. 17/9, 1st & 2nd Floor, Wallace Garden 2nd Street, Nungambakkam, Chennai - 600 006. T: +91 44 2824 2700 / 2827 2711

E: feedback@nippobatteries.com W: www.nippobatteries.com CIN No.: L31909TN1972PLC006196

NIPpO lndo National Limited

Nllf,O INDO NATIONAL LIMITED

� CIN NO: L 31909TN1972PLC006196

REGISTERED OFFICE: LAKSHMI BHAVAN,

609,MOUNT ROAD, CHENNAl-600 006

EXTRACT OF STANDALONE ANO CONSOLIOA TEO AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2018

Rs.In Lakhs

STANDALONE CONSOLIDATED

Audited Unaudited Audited Audited Audited

Particulars Quarter Ending Quarter Ending Quarter Ending Year to Date Year to Date Year to Date Year to Date

31/03/2018 31/12/2017 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017

Total Income from operations (net) 6936 8551 7780 30307 37570 41876 43468

Net ProfiU (Loss) from ordinary activities before 913 1026 338 3116 3235 4337 3279

tax

Net ProfiU (Loss) for the period after tax (after 680 663 211 2103 2091 3099 2112

Extraordinary items)

Total Comprehensive income for the period 680 663 211 2103 2091 2239 1917

and other Comprehensive income (after tax)

Equity Share Capital 375 375 375 375 375 375 375

Reserves (excluding Revaluation Reserve as shown in the Balance Sheet of previous year) - - - 19427 18452 20949 19842

Earnings Per Share (before / after extraordinary items) (of Rs.10/-each)

Basic: 18.13 17.68 5.63 56.08 55.76 59.71 51.12

Diluted 18.13 17.68 5.63 56.08 55.76 59.71 51.12

Particulars 31-03-2018 31-12-2017 31-03-2017 31-03-2018 31-03-2017 31-03-2018 31-03-2017

Revenue from Operations 6376 8121 7345 28498 35814 40347 41947

Less: Excise Duty expenses 0 0 746 918 3950 933 4180

Revenue from Operations (Net) 6376 8121 6599 27580 31864 39414 37767

forlNDO NATIONAL LIMITED

CHENNAl-600 006

��•'"'"'

May 23, 2018

ISO 9001 and ISO 14001 Certified Company

Note: The above is a extract of the detailed format of Quarte�y/Annual Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI

(Listing and Other Disclosure Requirements) Regulations,2015. The full format of the Quarterly/Annual Financial Results are available on the Stock Exchange websttes.

(www.bseindia.com, www.nseindia.com or our company website www.nippobatteries.com)

Regd. Office : 'Lakshmi Bhavan', 4th Floor, 609, Mount Road, Chennai - 600 006. India. T: 2829 3830 / 4030 Corp. Office: "Surya Varsh", Door No. 17/9, 1st & 2nd Floor, Wallace Garden 2nd Street, Nungambakkam, Chennai - 600 006. T: +91 44 2824 2700 / 2827 2711

E: feedback@nippobatteries.com W: www.nippobatteries.com CIN No.: L31909TN1972PLC006196

STATEMENT OF ANNUAL STANDALONE FINANCIAL RESULTS

ToThe Board of DirectorsIndo National Limited4th Floor Lakshmi Bhavan,No. 609, Mount Road,Chennai - 600 006

1. We have audited the Standalone Financial Results of Indo National Limited (the "Company")for the year ended 31st March 2018, being submitted by the company pursuant to therequirements of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements)Regulations 2015 ('Listing Regulations). Attention is drawn to the fact that the figures forthe quarter ended 31st March 2018 and the corresponding quarter ended 31st March 2017as reported in these financial results are the balancing figures between audited figures inrespect of the full financial year and published year to date figures up to the end of the thirdquarter of the relevant financial year. Also, the figures up to end of the third quarter hadonly been reviewed and not subjected to audit.

These financial results have been prepared on the basis of the standalone annual financialstatements and reviewed quarterly financial results up to the end of the third quarterprepared in accordance with the accounting principles generally accepted in India, includingIndian Accounting Standards ("Ind AS") specified under section 133 of the Companies Act,2013 ('the act') and with the recognition and measurement principles laid down in Ind AS34, Interim Financial reporting, which are the responsibility of the Company's management.Our responsibility is to express an opinion on these standalone financial results based onour audit.

INDEPENDENT AUDITORS REPORTON

2. We conducted our audit in accordance with the Standards on Auditing issued by theInstitute of Chartered Accountants of India. Those standards require that we plan andperform the audit to obtain reasonable assurance about whether the financial results arefree of material misstatement. An audit includes examining, on a test basis, evidencesupporting the amounts disclosed as financial results. An audit also includes assessing theaccounting principles used and significant estimates made by management. We believe thatour audit provides a reasonable basis for our opinion.

3. In our opinion and to the best of our information and according to the explanations given tous, the standalone financial results;

a) are presented in accordance with the requirements of Regulation 33 of the Listingregulations, as modified by the circular No CIR/CFD/FAC/62/2016 dated July 5,2016 and

b) give a true and fair view of the standalone net profit and other financial informationfor the year ended 31st March 2018

4. The review of unaudited standalone financial results of the company for the nine monthsended 31st December 2016 and the audit of standalone financial results for the year ended31st March 2017 including standalone figures for the quarter ended 31st March 2017, whichwere the balancing figures between audited standalone year to date figures in respect of thefull financial year 2016-17 and published unaudited standalone year to date figures up tothe end of third quarter of the said financial year, included in the statement were reviewedby another firm of chartered accountants who issued their unmodified conclusion; videtheir reports dated 3rd February 2017 and 26th May 2017 respectively.

Our Conclusion is not qualified in respect of these matters.

Place: ChennaiDate: 23rd May 2018

INDEPENDENT AUDITORS REPORTON

STATEMENT OF ANNUAL CONSOLIDATED FINANCIAL RESULTS

ToThe Board of DirectorsIndo National Limited4th Floor Lakshmi Bhavan,No. 609, Mount Road,Chennai - 600 006

1. We have audited the accompanying Statement of Consolidated Ind AS Financial Results ofIndo National Limited (hereinafter referred to as lithe parent") and its Subsidiaries (theparent and its subsidiaries together referred to as lithe group") for the year ended 31st

This statement, which is the responsibility of the parent's Management and approved by theBoard of Directors, has been complied with related consolidated financial statements whichhas been prepared in accordance with Indian Accounting Standards ("Ind AS") specifiedunder section 133 of the Companies Act, 2013 read with relevant rules there under andother accounting principles generally accepted in India. Our responsibility is to express anopinion on these consolidated financial results based on our audit.

2. We conducted our audit in accordance with the Standards on Auditing issued by theInstitute of Chartered Accountants of India. Those standards require that we plan andperform the audit to obtain reasonable assurance about whether the financial results arefree of material misstatement. An audit includes examining, on a test basis, evidencesupporting the amounts disclosed as financial results. An audit also includes assessing theaccounting principles used and significant estimates made by management. We believe thatour audit provides a reasonable basis for our opinion.

March 2018, being submitted by the parent pursuant to the requirements of Regulation 33of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 as modifiedby Circular No CIR/CFD/FAC/62/2016 dated 5th July 2016.

3. We did not audit the financial statements of subsidiaries included in the consolidatedfinancial results, whose financial statements reflects total assets of Rs. 11,407.79 lakhs as at31st March 2018 and total revenue of Rs. 11,848.27 lakhs and net profit after tax of Rs.996.17 lakhs for the year ended on that date, as considered in the consolidated financialresults.

These financial statements have been audited by other auditors whose reports have beenfurnished to us by the management and our opinion, on the statement, insofar as it relatesto the amounts and disclosures included in respect of these subsidiaries, is based solely onthe reports of the other auditors.

4. In our opinion and to the best of our information and according to the explanations given tous and based on the consideration of the reports of other auditors on separate financialstatements and on other information of the subsidiary as aforesaid, these annualconsolidated financial results;

i. Helios Strategic Systems Ltd (Wholly owned subsidiary)ii. SubSidiary of Helios Strategic systems ltd

a) Kineco Limitediii. Subsidiary of Kineco Limited

a) Kineco Kaman composites India private limitedb) Kineco Alte Train technologies private limited

b) are presented in accordance with the requirements of Regulation 33 of the Listingregulations, as modified by the circular No CIR/CFD/FAC/62/2016 dated July 5,2016 and

c) give a true and fair view of the consolidated net profit and other financialinformation for the year ended 31St March 2018

Place: ChennaiDate: 23rd May 2018

a) Include the financial results for the year ended 31St March 2018, of the entities asgiven below;List of subsidiaries-